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Uwe Kruger will step down from his role following the completion of the acquisition, expected to result in cost synergies worth $89m by the end of 2018
Source: New feed

Source: New feed

Amidst a significant boom in its construction industry, Sri Lanka is facing a labour shortage, partly because many Sri Lankan workers are opting to work in Gulf countries instead of taking on local jobs
Source: New feed

Located in Attarat Um Ghudran near Amman, the two 235MWe CFB boilers are designed to burn 100% of Jordanian oil shale
Source: New feed

ENOC vehicle testing unit Tasjeel signs deal with the Dubai Municipality for the technical inspection of its full fleet of vehicles and equipment
Source: New feed

Source: New feed

Demand for steel rebar in the UAE is set to increase by 10% in 2017 as compared to last year, according to ?Magnet?, a UAE-based platform to discuss and disseminate insights on the steel industry
Source: New feed

Agreements covering the development of $3.2bn worth of projects at the Sino-Oman Industrial City in Duqm were signed during the ground-breaking ceremony
Source: New feed

The firm launched a joint venture with Bloom Holding in February, and aims to invest more than $272.2m (AED1bn) in the UAE
Source: New feed

Qatar has earmarked $13bn in investments for 2017 with industry analysts predicting the market to peak within the first half of the year
Source: New feed